Start investing vs clearing debt first

[Joe Capobianco]

I have been listening to a lot of Dave Ramsey podcasts and he insist on getting out of debt before doing most things. I have about $18k in car payment left and $30k on the bank saved. I can easily pay off my car but then having $12k left is what is turning me away from paying it off at once. I want to buy my first home and I know I can go for an fha loan with a 203k loan so I won't need the whole $30k but I like the cushion I have in my savings account in case there are se bumps in the road. Wanted to hear others opinions on my situation before I make any decisions. Thank you in advance